Xiaomi stock: UOB Kay Hian raises target for Xiaomi stock to HKD 27.60

Published on 10/22/2026 at 17:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached CNY 108.9 billion. Xiaomi stock costs EUR 2.97 on October 22, 2026, down 1.66 percent versus Tradegate.

UOB Kay Hian lifts its target

UOB Kay Hian raised its Xiaomi target from HKD 26.20 to HKD 27.60 on October 12, 2026.
Xiaomi's second-quarter 2026 revenue reached CNY 108.9 billion, while adjusted net profit fell 42.60 percent year over year.
Xiaomi stock costs EUR 2.97 at Lang & Schwarz on October 22, 2026, down 1.66 percent versus the Tradegate close of October 21, 2026.
The UOB Kay Hian target stands 6.98 percent above the HKD 25.80 Hong Kong price on October 22, 2026.

Xiaomi Corp., KYG9830T1067, Illustration mit AI erstellt.

Xiaomi Corp. (KYG9830T1067) received a higher HKD 27.60 target from UOB Kay Hian on October 12, 2026, up from HKD 26.20, while the firm maintained its Hold rating. The target stands 6.98 percent above Xiaomi's HKD 25.80 Hong Kong price on October 22, 2026. The stock was trading at EUR 2.97 at Lang & Schwarz on October 22, 2026, at 5:37 p.m. CEST, down 1.66 percent versus the Tradegate close of October 21, 2026 at EUR 3.02.

Revenue held up as profit weakened

Xiaomi's second-quarter 2026 revenue reached CNY 108.9 billion, down 6.10 percent from a year earlier. Adjusted net profit was CNY 6.2 billion, a 42.60 percent year-over-year decline. BriefingLens reported that smartphone shipments fell 26.50 percent to 31.2 million units in the quarter, while electric-car revenue increased 17.10 percent to CNY 24.9 billion.

Stock sits below its yearly high

The Hong Kong quote was HKD 25.80 at 4:08 p.m. HKT on October 22, 2026. Xiaomi traded 21.13 percent above its HKD 21.30 52-week low and 45.57 percent below its HKD 47.40 52-week high. Its year-to-date performance was down 32.32 percent, while market capitalization stood at HKD 664.2 billion on October 22, 2026.

Targets point in different directions

UOB Kay Hian's higher target contrasts with China Renaissance's October 12, 2026 downgrade from Hold to Sell and HKD 20.50 target. That target was 20.54 percent below Xiaomi's HKD 25.80 Hong Kong price. MarketScreener reported that the consensus covered 31 analysts and had an average target of HKD 29.57.

The split reflects the competing signals in Xiaomi's latest reported period. Electric-car growth and the wider smart-device ecosystem supported revenue, but weaker smartphone shipments and lower adjusted profit remain material factors for valuation.

What the target change means

For investors, the numerical gap matters more than the rating label. UOB Kay Hian's HKD 27.60 target implies 6.98 percent upside from the Hong Kong price, whereas China Renaissance's target implies a 20.54 percent downside from that same level.

At Lang & Schwarz, Xiaomi stock was trading at EUR 2.97 on October 22, 2026, at 5:37 p.m. CEST, down 1.66 percent versus the Tradegate close of October 21, 2026 at EUR 3.02. The further course of trading is shown by the continuously updated real-time quote of Xiaomi stock.